secwatch.observer — SEC 8-K summary
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Issuer:     INTELLIGENT BIO SOLUTIONS INC. (INBS)
CIK:        0001725430
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001493152-24-005267
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INBS raises $1.77M via Series E warrant exercise; issues Series G warrants at $4.50
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- Existing warrant holders exercised 606,064 shares at $2.9232 for gross proceeds of ~$1.77M.
- Holders receive one Series G warrant per exercised warrant, exercisable at $4.50 for 5.5 years.
- Company to use net proceeds for working capital and general corporate purposes.
- Ladenburg Thalmann acted as placement agent; fees include 8% cash fee and 5% warrant coverage.
- Resale registration statement for Series G shares must be filed within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725430/000149315224005267/0001493152-24-005267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725430/000149315224005267/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005267

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